* There is no charge for the first 12 exchanges each contract year; thereafter, we reserve the right to charge a fee of $10 per transfer.

** We will deduct from your premium payment any premium tax imposed on us by the state or locality where you reside. Premium taxes currently imposed on the contract by various states range from 0% to 1% of premium for qualified contracts and from 0% to 3.5% of premium for non-qualified contracts.